Archive - Blog entry

July 29th, 2009

Bruce Krasting's picture

Cramer on BAC - Caveat Emptor





Cramer calls for a 35% pop in BAC. What's he selling?

 

July 28th

Bruce Krasting's picture

2 Year Note - No Juice for the Carry Trade





The cover rate on today's auction stunk. What rate on this Note would attract the leveraged players? Not 1.08%.

 

Benjamin N. Dover III's picture

Selling Traditional Marriage Short





Now that the SEC has finally taken action to complicate the lives of the vermin known as short sellers, it can turn to the next dire threat to capitalism: gay marriage.

 

Bruce Krasting's picture

GECC - Is Cash Flow Negative?





A question for the Corp.Fin. gurus. What does it mean when Consolidated Ratio of Earnings to Fixed Charges falls below one?

 

J.D. Swampfox's picture

"Fair" Value of the S&P





Richard Ripp compares top-down to bottom-up estimates and concludes that top-down estimates have proven to be more accurate over time.

 

July 27th

Bruce Krasting's picture

Debt Repudiation – On the Table





The NY Times describes a new breed of bad creditors, "Ruthless Defaulters". Ruthless or just fed up and angry? What is the 'tipping point' where default crosses over to repudiation?

 

nickbarbon's picture

Commercial Real State





A phenomenal graph from Sean Keane at Triple T Consulting showing commercial real estate loan proportions of Tier 1 bank capital across the US...

 

nickbarbon's picture

Leading Economic Hope





Floyd Norris at the NYT is excited about the Index of Leading Economic Indicators. Let's peek under the hood to see what's going on.

 

Anal_yst's picture

On Wall Street Compensation





Information Arbitrage had a good summary of the Wall Street compensation argument over the weekend, and given the tension surrounding Phibro's Andrew Hall of-late, I think its high time to bring some logic and reason to the debate.

 

July 26th

nickbarbon's picture

Surprise! Earnings are Down





Nothing new here for regular readers but I thought the two histograms at the bottom of this graphic nicely contextualize earnings surprises within the broader macro picture.

 

PragmaticIdealist's picture

Wall Street Is Having Our Cake And Eating It Too: A Call To (Pragmatic) Action





One for Wall Street, One for us. Two for Wall Street, Zero for us... Wait, what?

 

Bruce Krasting's picture

The Growth Trade Vs. The Bond Calendar





Treasury has a load of paper for sale in August. The market is not set up for the big supply. Could we have another test of the 4% 10 year?

 

Benjamin N. Dover III's picture

Geithner Backpedals Plans for Financial Dictatorship





The Treasury Secretary comes to his senses and realizes that when it comes to basic government oversight and industry accountability, if less is more, then none is most.

 

July 25th

jester's picture

High Frequency Trading and Systemic Instability





HFT creates systemic instability and makes market manipulation much easier.

 

July 24th

Bruce Krasting's picture

A Slip of the Tongue by Geithner?





Timmy G. ducked another question on the future of Fannie and Freddie today. Maybe he gave a clue what is brewing while he was ducking.

 
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